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Texas Farmers Say Forever Chemicals in Fertilizer Poisoned Their Land
JOHNSON COUNTY — Tony Coleman recognizes the signs all too well. A cow drools strings of saliva. Then it starts to limp, each step slower. Then it grows stiff. Then it’s quick. There’s nothing to be done. The cow dies. …
POSTED DECEMBER 02, 2024 5:36 PM |
AM Best Revises Outlook for US Personal Lines Insurance Segment to ‘Stable’
AM Best has revised its outlook to stable from negative for the U.S. personal lines insurance segment for 2025, citing improved rate and pricing conditions, particularly in the auto insurance space, along with solid levels of risk-adjusted capitalization among carriers. …
POSTED DECEMBER 02, 2024 5:33 PM |
Rockford Mutual to Expand Commercial Lines Products in Michigan
Rockford Mutual Insurance Company (RMIC) announced a strategic expansion into the state of Michigan for Commercial Lines products in 2025. This decision is part of the company’s ongoing efforts to diversify its portfolio and spread risk across different markets in …
POSTED DECEMBER 02, 2024 5:09 PM |
Energy Department to Loan $7.5B for Electric Vehicle Battery Plants in Indiana
The U.S. Energy Department said Monday it is planning to loan up to $7.54 billion to a joint venture of Chrysler parent Stellantis STLAM.MI and Samsung SDI 006400.KS to help build two electric vehicle lithium-ion battery plants in Indiana. The …
POSTED DECEMBER 02, 2024 5:07 PM |
‘Drill, Baby, Drill’ Is Unlikely Under Trump, Exxon Says
Oil and gas producers in the US will not raise output significantly in the coming years despite calls from President-Elect Donald Trump to “drill, baby, drill,” said Exxon Mobil Corp.’s Upstream President Liam Mallon. “I think a radical change is …
POSTED DECEMBER 02, 2024 4:58 PM |
Carolina Woman Charged with Using Mom’s Name to Get Policy, Filing Bogus Claim
A North Carolina woman is set for a court appearance later this month after she was charged with filing a claim on her deceased mom’s house – for damage that occurred before the insurance policy was purchased. Cindy Ramzi Hanna, …
POSTED DECEMBER 02, 2024 4:30 PM |
Outlook for US Commercial Insurance Segment ‘Stable’ as Profits Stay Strong: AM Best
AM Best is maintaining its stable market segment outlook on the U.S. commercial lines insurance sector for 2025, due partly to the segment’s persistently strong underwriting performance and improved investment returns, which have bolstered operating profitability. Reserve adequacy in the …
POSTED DECEMBER 02, 2024 3:59 PM |
Aon Names McCabe Carolinas Market Leader
Rebecca McCabe, with Aon since 2015, has been named Carolinas market leader, based in Charlotte. McCabe has recently served as interim market leader and sales director at Aon, and now replaces Kathleen Lynch, who left Aon earlier this year, according …
POSTED DECEMBER 02, 2024 3:46 PM |
New Mexico Man Gets $412M Medical Malpractice Payout for Botched Injections
Jurors in New Mexico have awarded a man more than $412 million in a medical malpractice case that involved a men’s health clinic that operates in several states. The man’s attorneys celebrated last week’s verdict, saying they are hopeful it …
POSTED DECEMBER 02, 2024 3:33 PM |
Parts of New York, Pennsylvania Buried by Up to 4 Feet of ‘Lake-Effect’ Snow
The governors of New York and Pennsylvania have declared disaster emergencies in areas hit with as much as three and four feet of “lake-effect” snow from a fierce winter storm. New York Governor Hochul declared a state of emergency for …
POSTED DECEMBER 02, 2024 2:46 PM |
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